Do you use probability in your profession or real life? You most likely do. For example, the...

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Statistics

Do you use probabilityin your profession or real life? You most likely do. For example,the chance of rain tomorrow is 27%. We hear similar probabilitiesin the media all the time. Similar probabilities could be found inother professions. Complete one of thefollowing:

(i) Find an example ofprobability involving “A or B” that is used in your chosenprofession or real life. Explain the example. Are the events A andB in your example mutually exclusive? Which Addition Rule formulafor P(A or B) applies? Be sure to cite the source of theinformation clearly.

(ii) Using a search engine, find an example of probabilityinvolving “A and B” that is used in your chosen profession or reallife. Explain the example. Are the events A and B in your exampleindependent? Which Multiplication Rule formula for P(A and B)applies? Be sure to cite the source of the information clearly.

(iii) Find an exampleinvolving conditional probability that is used in your chosenprofession or real life. Explain the example. Be sure to cite thesource of the information clearly.

Be sure to supportyour statements with logic and argument, citing any sourcesreferenced. Post your initial response early, and check back oftento continue the discussion. Be sure to respond to your peers’ andinstructor’s posts, as well.

Answer & Explanation Solved by verified expert
4.3 Ratings (712 Votes)
AnsweriLet BThe event a student gets a jobLet AThe event that a student that a student takes statisticssubject as a majorTwo events are mutually exclusiveA clear example is the set ofa single coin tosswhich can    See Answer
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